First Bancorp
244 hedge funds and large institutions have $2.63B invested in First Bancorp in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 71 increasing their positions, 102 reducing their positions, and 20 closing their positions.
3,133% more call options, than puts
Call options by funds: $194K | Put options by funds: $6K
95% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 20
22% more capital invested
Capital invested by funds: $2.15B → $2.63B (+$478M)
7% more funds holding
Funds holding: 227 → 244 (+17)
3.11% more ownership
Funds ownership: 89.51% → 92.62% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
30% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.7M |
| 3 |
Millennium Management
New York
|
+$8.27M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.49M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$40.9M |
| 2 |
BlackRock
New York
|
-$13.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.8M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$5.95M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Allianz Asset Management
Munich,
Germany
| – | -$238K | -17,700 | Closed |
|
|
AIM
252
Aigen Investment Management
New York
| – | -$208K | -15,440 | Closed |
|
253
HSBC Holdings
London,
United Kingdom
| – | -$207K | -15,173 | Closed |
|
|
AC
254
AXQ Capital
Jersey City,
New Jersey
| – | -$186K | -13,800 | Closed |
|
|
NC
255
NinePointTwo Capital
Los Angeles,
California
| – | -$183K | -13,626 | Closed |
|
|
FM
256
Foster & Motley
Cincinnati,
Ohio
| – | -$144K | -10,696 | Closed |
|
|
VF
257
Virtu Financial
New York
| – | -$141K | -10,464 | Closed |
|
|
CC
258
Cipher Capital
New York
| – | -$139K | -10,349 | Closed |
|
259
William Blair & Company
Chicago,
Illinois
| – | -$135K | -10,000 | Closed |
|
|
QL
260
Quarry LP
New York
| – | -$16.1K | -1,195 | Closed |
|
261
Fisher Asset Management
Camas,
Washington
| – | -$1.86K | -138 | Closed |
|
|
WT
262
Washington Trust
Westerly,
Rhode Island
| – | -$1.36K | -101 | Closed |
|
|
CFGS
263
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$177 | -12 | Closed |
|
|
SSG
264
Summit Securities Group
New York
| – | +$15 | +1 | New |
|
FBP Hedge Fund Activity: Q4 2023 in Review
244 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Bancorp (FBP) for Q4 2023, worth a combined $2.63B — up 22% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FBP positions and 20 closed out — a net gain of 19 holders — while 71 added to existing stakes and 102 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.9M. The largest seller was American Century Companies, cutting an estimated $40.9M.
- 244 institutional investors held First Bancorp (FBP) as of Q4 2023, up from 227 in Q3 2023.
- Funds reported $2.63B of First Bancorp stock for Q4 2023, up 22% quarter-over-quarter.
- 39 funds opened new First Bancorp positions in Q4 2023 and 20 closed out, a net change of +19 holders.
- The largest First Bancorp buyer in Q4 2023 was Morgan Stanley, an estimated $39.9M added.
- The largest First Bancorp seller in Q4 2023 was American Century Companies, an estimated $40.9M sold.
Based on aggregated 13F filings for Q4 2023.